PNB customers to pay higher charges for non-credit services

PNB customers will have to pay charges for depositing cash above Rs 5,000 in a non-base branch even if it is located in the same city. Currently, the customers of Punjab National Bank (PNB) are levied charges only for depositing cash over Rs 25,000 at a non-base branch within the same city. A customer will have to pay Re 1 per Rs 1,000 for above Rs 5,000 cash deposit or part thereof with a minimum of Rs 25 per transaction. It has been decided to revise the non-credit related charges exclusive of GST with effect from 1st of September 2017 for cash deposit above Rs 5,000 at other than base branch within the same city.